AMC Networks

by Elliott Brannon

amc_network_logo_render

11 Penn Plaza
New York, NY 10001
Phone: (212) 324-8500
Website: http://www.amcnetworks.com

About the Company: [3] [4]

AMC Networks (NASDAQ: AMCX) is an American entertainment company founded in 1980 whose brands include the cable networks AMC, IFC, Sundance Channel, and WE tv. The company also controls IFC Films, a United States distributor of indie film.

In 2012, the company’s revenues increased from $1.188 billion in 2011 to $1.353 billion, a growth of 13.9%. AMC Network’s overall income also increased 11.1%, maturing from $327 million in 2011 to nearly $463 million in 2012. Company stock prices have also increased about 18% since January (as of April 3, 2013).

Brands: [5]

AMC_Networks_Logo_Train_RGB_300dpi

AMC was first launched in 1984. Since then, the network has gone on to become the only cable network in history to receive the Emmy Award for Outstanding Drama Series four years in a row and the only cable network to win the Golden Globe Award for Best Television Series – Drama for three years in a row. AMC’s popular original series include Mad Men, Breaking Bad, and The Walking Dead.

IFC is the Independent Film Channel and was initially launched in 1994. The channel airs original series such as Onion News Network and Portlandia as well as numerous indie films and other syndicated television shows.

Sundance Channel was founded by Robert Redford in 1996. Its original series include Girls Who Like Boys Who Like Boys and All On The Line.

WE tv is a network targeted at women and was first launched in 1997. Popular original series include Braxton Family Values and Bridezillas.

IFC Films distributes independent films throughout the U.S. This division also controls the feature film production company, IFC Productions.

Key Executives: [1]

Josh Sapan, President & Chief Executive Officer of AMC Networks

Josh Sapan, President & Chief Executive Officer of AMC Networks

  • Charles Dolan Executive Chairman
  • Josh Sapan President & Chief Executive Officer 
  • Charlie CollierPresident & General Manager, AMC
  • Jennifer Caserta Priore President & General Manager, IFC
  • Sarah Barnett Executive Vice President & General Manager, Sundance Channel
  • Kim Martin President & General Manager, WE tv

 

Recent News (January-April 2013):

April 1: The season three finale of AMC‘s The Walking Dead on March 31st delivered 12.4 million viewers total and 8.1 million viewers age 18 to 49 with a 7.4 HH rating, making it the #1 TV program for the week and #1 television show for the overall season amongst adults age 18-49 [6].

amc_new_logo

AMC’s new logo and tagline

During the airing of the finale, AMC debuted its brand new logo and tagline, replacing its old tagline, “Story Matters Here,” with “Something More.” Linda Schupack, AMC’s executive vice president of marketing explained that, “AMC: Something More further refines our focus on- and off-air and speaks to our promise to viewers to provide an experience that is unexpected, unconventional and uncompromising” [7].

March 21: AMC released a trailer for its newest original series, Low Winter Sun, a police drama set in Detroit based on a 2006 British miniseries.

The show is being co-produced by AMC Studios and Endemol Studios. Its credits include executive producer Chris Mundy, who has previously worked on CBS’s Criminal Minds [8].

March 13: James Maiella was appointed as the new senior vice president of corporate communications at AMC Networks. Maiella will overlook business and trade relations for all of the companies cable networks as well as IFC Films. He will work alongside the company’s other current senior vice president of corporate communications, Georgia Juvelis [9].

March 12: AMC Networks launched YEAH!, a movie streaming service. Movies are currently available on www.YEAHTV.com, which carries classic films with added bonus features, such as interviews with filmmakers and story notes, only available exclusively through the service. Users must pay $5 to watch a movie and its additional bonus features or can pay $2 to watch a movie without the added content. The service is only available online through a computer for now, but an iPad app is set for release this summer [10].

March 5: Anchor Bay Entertainment and AMC Networks completed a home entertainment distribution deal, giving Anchor Bay the rights to distribute DVD and Blu-ray releases of AMC, IFC, and Sundance original series throughout the United States and Canada. Some specific digital distribution deals are also included in the agreement.

anchor-bay

Sundance’s Rectify and AMC’s Low Winter Sun, which have both not debuted yet, will be the first series distributed under the new deal. Anchor Bay has worked closely with AMC Networks in the past, serving as the home entertainment distributor for AMC’s The Walking Dead [11].

February 25: Sundance Channel and AMC reached an agreement giving Sundance Channel syndication rights to the off network premiere of AMC’s Breaking Bad.

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Breaking Bad’s Walter White

This agreement comes in lieu of the upcoming premiere of Sundance Channel’s first ever scripted series, Rectify, which is produced by the same group behind Breaking Bad [12]. 

Rectify is set to premiere on April 22, 2013 at 10:100pm et/pt [13].

February 21: WE tv greenlighted a new unscripted reality series, Glam & Gold, starring olympic gold medalist Sanya Richards-Ross and two-time Super Bowl champion Aaron Ross. Filming is already underway in Austin and Jacksonville. Glam & Gold joins a host of other WE tv shows starring African-Americans including Mary Tary and Braxton Family Values [17].

February 15IFC Films secured North American rights to the indie neo-noir thriller, The Canyons, starring Lindsay Lohan and James Deen and directed by Paul Schrader. The film will premiere in early summer at a Special Presentation at the Film Society of Lincoln Center in conjunction with a day-and-date release. Schrader’s film will also be simultaneously released on a variety of other digital platforms [18].

February 11: The Walking Dead’s February 10th airing of its season 3B premiere on AMC delivered 12.3 million viewers. With 7.7 million viewers age 18-49, the episode delivered the highest rating for a television series in basic cable history for that demographic.

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The series’ average viewership in season 3 for adults 18-49 was 6.8 million, making it the #1 program of the season amongst that age range [14].

February 5: Joel Stillerman, executive vice president of programming, production, and digital content for AMC, announced a two-year first look deal with Stacey Sher and Michael Shamberg of Double Feature Films. Shamberg and Sher are both two-time Academy Award nominees and have worked on a variety of films together including Django Unchained, Erin Brokovich, and Garden State [15].

January 15: AMC and Fox Television Studios announced a new agreement that will bring AMC’s The Killing back to the network for a third season. The agreement brings Veena Sud back as the series’ executive producer and showrunner and also brings back lead actors Mireille Enos and Joel Kinnaman. Production of the show’s new season began on February 25 in Vancouver [16].

References:

  1. http://www.amcnetworks.com/about_leader
  2. http://www.amcnetworks.com/about_leader_Sapan
  3. http://finance.yahoo.com/q?s=AMCX
  4. http://www.amcnetworks.com/release_release_press.jsp?nodeid=6622
  5. http://www.amcnetworks.com/about_story
  6. http://www.amcnetworks.com/release_release_press.jsp?nodeid=6631
  7. http://www.hollywoodreporter.com/live-feed/amc-rebrands-new-logo-tagline-431997
  8. http://www.freep.com/article/20130321/ENT03/130321105/AMC-Low-Winter-Sun-trailer-Detroit
  9. http://www.deadline.com/2013/03/james-maiella-amc-networks
  10. http://news.cnet.com/8301-1023_3-57573917-93/amc-networks-launches-yeah-movie-streaming-network
  11. http://variety.com/2013/tv/news/amc-anchor-bay-set-homevid-pact-1200003747/
  12. http://www.amcnetworks.com/release_release_press.jsp?nodeid=6623
  13. http://www.amcnetworks.com/release_release_press.jsp?nodeid=6608
  14. http://www.hollywoodreporter.com/live-feed/walking-dead-season-3-premiere-ratings-378945
  15. http://tvbythenumbers.zap2it.com/2013/02/05/amc-and-double-feature-films-lock-first-look-deal/168224/
  16. http://www.amcnetworks.com/release_release_press.jsp?nodeid=6613
  17. http://www.deadline.com/2013/02/we-tv-orders-reality-series-starring-olympic-champion-sanya-richards-ross/
  18. http://www.amcnetworks.com/release_release_press.jsp?nodeid=6619

A+E Television Networks

by Jacqueline Grossman

Courtesy of www.aenetworks.com

A&E Overview

A&E Television Networks is a privately held media company located in New York City that owns and operates 10 channels that are available by both cable and satellite. The network’s channels reach more than 300 million households in 150 countries, producing content in 35 different languages [1]. Its mission involves bringing human stories to life, knowing full well that quality entertainment can come straight from real-world experiences. Lifetime Television, its flagship network, is the most powerful media brand targeted to women, with shows such as Dance Moms and Project Runway. Since its launch in February, 1984, Lifetime has grown significantly, reaching nearly 98 million households today [2].  In addition to this station, the A&E television channel itself offers a mix of reality-based programming and documentaries while its History, Military History, and History 2 channels air original programs on historical topics. The company also operates sister networks such as Crime & Investigation Network and The Biography Channel. It has international networks in the UK and Asia. [3].

History

AETN was formed in 1983 as a joint venture between Hearst, Walt Disney, and NBCUniversal (NBCU).  The company launched Lifetime in 1984, followed by the History Channel, History Channel International, and The Biography Channel in 1995 and 1998, respectively.  Throughout its history, the network has achieved incredible success, for instance in 2004 when it won 24 Emmy nominations and in 2008, when HISTORY (renamed from The History Channel) became the #1 cable network in primetime among the target demographic: adults 18-49. A&E continues to demonstrate success through its new reality television shows Duck Dynasty, Storage Wars, and Hoarders. In July of last year, NBC sold its 15.8 percent stake of A&E to Hearst and Walt Disney for $3.03 billion. [1]

Key Executives

Courtesy of www.aenetworks.com

Abbe Raven, courtesy of www.aenetworks.com

Abbe Raven has been the President and CEO of A&E Television Networks since March 2005. Before overseeing all A&E holdings, she was part of the original team that launched the History Channel and reinvented A&E (channel) in 2003. Ms. Raven is a firm believer in the motto “slow and steady wins the race,” having started as a secretary for A&E and learned the business from the bottom up.  Today, she is an award-winning President and CEO who has been named one of the Top 5 Most Powerful Women in Entertainment by The Hollywood Reporter. [1]

Gerard Gruosso, courtesy of www.aenetworks.com

As, Executive VP, Finance and CFO, Gerard Gruosso is responsible for the management of A&E’s accounts, budgets, and strategic planning. He also oversees the network’s facilities and information management. Mr. Gruosso has been with A&E since 1985, beginning as Assistant Controller, working his way up to Controller and Vice President, and eventually reaching his current position. [1]

Courtesy of www.aenetworks.com

Nancy Dubuc, courtesy of www.aenetworks.com

President, Entertainment and Media Nancy Dubuc oversees the creation and development of A&E’s brand and marketing in addition to managing A&E International and A&E Digital. Before transitioning to this position, Ms. Dubuc previously served as the President and General Manager of HISTORY and Lifetime Networks. [1]

Courtesy of www.aenetworks.com

Dan Suratt, courtesy of www.aenetworks.com

Six-time Emmy Award-winner Dan Suratt is the Executive VP, Digital Media and Business Development. He handles the network’s business negotiations and digital distribution. As a result of his efforts, Mr. Suratt has doubled A&E’s site traffic to 22 million visitors per month. [1]

Competitors

A&E’s top three competitors are Discovery Communications, Inc., MTV Networks Company, and AMC Networks Inc. [4]

Company News

January

Lifetime Television was off to a great start in the first month of 2013. It’s original movie, Prosecuting Casey Anthony, generated great success for the channel; it ranked as the number one telecast across ad-supported cable in total viewers, adults 18+, women 18+, women 25-54, and women 18-49 on the night it premiered. The movie—which starred Golden Globe and Emmy Award nominee Rob Lowe—was the first opportunity to recount the infamous Casey Anthony trial. It is from the perspective of Jeff Ashton, the Florida prosecutor who was involved in the case and provides details on his aggressive investigation of Caylee Anthony’s death. [10]

February

Duck Dynasty, courtesy of www.aetv.com

Duck Dynasty, courtesy of www.aetv.com

A&E’s unexpected hit, Duck Dynasty, became the channel’s number 1 telecast ever and number one nonfiction series on cable in 2013. The show follows the lives of the Roberson family members, owners of Duck Commander, a business that makes products for duck hunters. Its season three premiere earned a total of 8.6 million viewers, ranking ahead of FOX’s American IdolWhat is it that distinguishes this series from other “redneck” reality shows like Here Comes Honey Boo BooSwamp Pawn, and Buckwild? Television critics argue that it comes down to the characters themselves.  The Robersons are savvy, educated businessmen with diverse yet endearing personalities. In addition, the show flows at a relaxed pace and is suitable for family audiences. [11][12]

March

Nielsen ratings for cable network TV shows, courtesy of www.nielsen.com

Nielsen ratings for cable network TV shows, courtesy of www.nielsen.com

A&E received more great news in March. Its A&E television channel had its best quarter in history among total viewers and adults 25-54, soaring past the previously record-setting first quarter 2012. One of the key reasons for this success is the increase in well-received original series that aired in the first quarter of 2013, specifically Bates Motel, Duck Dynasty, and Storage Wars. Due to these shows, the network was up 2% in adults 25-54 (835,000 vs. 819,000) and up 6% in total viewers (1.7 million vs.1.6 million). March was the most watched month in the quarter, and it was the first time A&E averaged more than one million viewers age 25-54 in a single month. These records have propelled A&E up to become the fourth ranked most-watched cable network in all three demographics this March (18-49, 25-54, and total viewers). [8]

Vikings-TV-Show-Title

Vikings, the History Channel’s new show, courtesy of www.history.com

The History Channel enjoyed success from its first scripted series, Vikings. The hit drama explores the adventure, bloodshed, and passion that existed during the Dark Ages, all through the eyes of the Vikings. Vikings is special in that it not only celebrates the excitement of warfare but also demonstrates the strength of familial ties. According to the network, Vikings attracted 4.8 million total viewers, with 2.2 million adults 25-54 and 1.9 million adults 18-49. These ratings made Vikings the most-watched cable series in its timeslot. [9]

April

courtesy of www.aetv.com

Storage Wars, courtesy of www.aetv.com

One of A&E’s most popular television shows, Storage Wars, is returning on April 16th with a full series of 24 episodes, despite the network’s participation in lawsuits with former show star Dave Hester. The hit series premiered in 2010 and features teams of auctioneers looking to “hit it big” by purchasing the contents of storage facilities after inspecting it for a short amount of time. Hester took the network to court claiming the show is staged; he argued that the show’s producers knew what items were in which storage locker and used this knowledge to rig the bidders’ fates. [6] Even with this controversy, Storage Wars ranked as A&E’s number one series among adults aged 18-49 and 25-54. It also achieved the number three rating for non-fiction show on cable among adults aged 25-54. Last year, the show averaged 4.2 million total viewers. [7] Click here for a link to this season’s trailer.

Contact A+E

Website: http://www.aenetworks.com/

Address: 235 E. 45th St. New York, NY, 10017 United States

Telephone: (212) 210-1400

Works Cited

1. About A&E Networks – bringing human stories to life 

2. Lifetime 

3. A&E International Information

4. Hoovers – A&E Competitors

5. A&E Executive Bios

6. Storage Wars Lawsuit

7. Storage Wars

8. A&E Scores Best Quarter in Network History

9. Vikings

10. Casey Anthony Movie

11. Salt Lake Tribune – Duck Dynasty

12. TV By the Numbers – Duck Dynasty Article

Comcast/NBCUniversal

By Montana McBirney

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Comcast/NBCUniversal Logo [1]

What is Comcast/NBCUniversal?

Comcast/NBCUniversal is one of the leading companies in the fields of media, entertainment, and technology. It is under the Comcast Corporation (Nasdaq: CMCSA, CMCSK). This company owns and operates television networks, theme parks, film companies, a sports firm, television stations, and a video, Internet, and phone provider to residential customers and business [2]. The company is essentially split up into two businesses: Comcast Corporation and NBCUniversal.

nbcuniversal

NBCUniversal Logo [9]

NBCUniversal owns NBC cable networks like Bravo, E!, and MSNBC. NBC Broadcast television has NBC entertainment, news, and sports. NBC Universal also owns television stations in New York, Philadelphia, Washington, and many other markets. Telemundo is also under the umbrella of NBCUniversal, along with Universal Television [3].

How did Comcast/NBCUniversal Come Together?

In 1926, the Radio Corporation of America (RCA) formed NBC. At the New York World’s Fair in 1939, NBC unveiled the television and broadcasts [4]. After General Electric became it’s parent company in 1986, NBC had many successful years critically. In 2002, they bought the Spanish language broadcaster Telemundo and Bravo and a year later NBC merged with Vivendi Universal Entertainment to become NBCUniversal [5]. In 2011, Comcast purchased the controlling 51% of NBCUniversal from General Electric for $13.8 billion.

Who are the Faces of Comcast/NBCUniversal?

Comcast NBCUniversal

CEO NBCUniversal Stephen B. Burke [7]
CEO Comcast Corporation Brian L. Roberts [8]

 What Does Comcast/NBCUniversal Own?

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The picture above [10] illustrates the cable and broadcast channels that Comcast/NBCUniversal owns, along with the digital, film, and park entities that it owns. Evidenced by the many cable channels it owns, the company is focused it’s efforts on the surging cable industry. In a visit to Syracuse University’s S.I. Newhouse School of Public Communications, CEO Brian Roberts said that, “the world is changing,” and that, “in terms of profit, cable makes more money.” He did say however that NBC is still the engine for their company and it just as much of a focus as the cable channels are [11]. NBC also owns ten stations across the United States in places like New York, Los Angeles, and Chicago. They also own 14 Telemundo stations in places like Miami, Houston, and San Antonio [21].

What is Comcast/NBCUniversal Doing Today?

In the ratings game,MV5BODAxNzU5MzMyNl5BMl5BanBnXkFtZTcwMjEzODAwOQ@@._V1_SY317_CR9,0,214,317_ NBC won November sweeps for the first time in nine years. However, in February, NBC hit a new low, coming in fifth place in sweeps. Averaging a 1.2 rating among adults 18-49 put them behind Univision‘s 1.5 rating [23]. With shows like “Do No Harm” [34] preforming with dismal numbers (0.9/3), NBC started off badly. They cancelled the show after airing only two episodes [24].

30-rock-series-finale-airs-tonight-tracy-morgan-baby-news

[28]

NBC’s critically acclaimed comedy “30 Rock,” ended its seventh and final season on January 31st this year. Over the many season, “30 Rock” received a whopping 90 Emmy nominations [22]. Often on the show, Tina Fey and her fellow writers wrote what was exactly happening in their life into the show. General Electric employees and “KableTown” executives frequently appeared.

In February, Comcast also made a huge deal with General Electric to buy the remaining half of NBCUniversal earlier than intended. For $16.7 billion, Comcast now has entire control over NBCUniversal. This shows Comcast’s newly energized commitment to cable and broadcast television [25].

Recently, NBC has been going through some shake ups with ratings and hosts. “Today” lost out on ratings to ABC’s “Good Morning America.” Matt Lauer has a contract expiring soon that is also up in the air [26]. The Jimmy Fallon Jay Leno 660 Reutersmost recent problem has been how NBC handled the Jay Leno – Jimmy Fallon debacle (pictured right [29]). After months of rumors, NBC announced Jay Leno would retire in the spring of next year, with Jimmy Fallon resuming his spot as host of “The Tonight Show” [27].

Also, in February, it was announced that David Axelrod, previous chief strategist to President Barack Obama’s recent campaign, would join NBC News as a senior political analyst [35].

What is Next for Comcast/NBCUniversal?

Comcast/NBCUniversal is preparing for the end of a legendary show, for new summer shows to be released, and for the upcoming Fall 2013 pilot season.

the-office-season-9

[32]

NBC’s “The Office” will be ending it’s run on Thursday, May 16th at 9p.m. Since 2005, “The Office” has collected Emmy’s, Golden Globes and many other awards in its amazing 9 season run [13].

NBC is beginning it’s summer roll out with Bryan Fuller’s “Hannibal” which averaged a 1.6 rating/4share in adults 18-49 in its premiere on Thursday, April 4. The show got 4.3 million viewers overall, which are not great numbers but good enough considering it’s lead in was the comedy “Go On” [12]. The video below is a season preview for the new show [18].

On Tuesday, April 9th, “Ready for Love,” a relationship show with three bachelors will premiere, with Eva Longoria as Executive Producer [14] will premiere. “America’s Got Talent” will be premiering its 8th season on June 4, with new judges Mel B and Heidi Klum appearing on July 10th [15].

NBC is also scheduled to premiere their new dramedy “Camp” from creators Liz Heldens and Peter Elkoff, starring “Six Feet Under” actress Rachel Griffiths. It is about Little Hawk family Camp and the parents and kids that inhabit it [16]. “Crossing Lines” is another series scheduled for summer 2013 starring William Fichtner and Donald Sutherland [17].

WWRLD_300Comcast/NBCUniversal’s cable networks are preparing for the future as well. The E! network is premiering a new reality show about US gold medalist swimmer Ryan Lochte called “What Would Ryan Lochte Do?”. It premieres April 21st at 10pm [19]. Bravo is premiering “Million Dollar Listing,” “Newlyweds The First Year,” and the ever so popular “Real Housewives of New Jersey,” all in the upcoming months [20].

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John Malkovich [33]

Over the past few months, NBC has been green lighting and shooting upcoming fall pilots for the 2013 season. With 24 pilots (15 comedies and 9 dramas) NBC has the most of any major network. Some of the most anticipated include “About A Boy” from “Parenthood” creator Jason Katims, “Untitled John Mulaney/Lorne Michaels” comedy from the two previously named, along with “The Office” vet Craig Robinson’s untitled comedy [30]. For drama, “Hatfields & McCoys,” starring Virginia Madsen, “Wonderland,” a modern set Alice and Wonderland, and “Crossbones,” which John Malkovich recently signed onto [31].

Works Cited

[1] NBC Peacock Spreads Wings Over Comcast. http://online.wsj.com/article/SB10001424127887324478304578171611450891682.html

[2] Comcast Corporate. http://corporate.comcast.com/news-information/company-overview

[3] NBCUniversal About Us. http://www.nbcuni.com/corporate/about-us/

[4] Museum of Broadcast Communications: NBC. http://www.museum.tv/eotvsection.php?entrycode=nationalbroa

[5] Timeline: NBC and Universal. http://www.reuters.com/article/2009/12/03/us-nbc-comcast-timeline-idUSTRE5B22SO20091203

[7] NBCUniversal’s Senior Executives. http://www.nbcuni.com/corporate/management/senior-corporate-executives/

[8] NBCUniversal’s Board of Directors. http://www.nbcuni.com/corporate/management/board-of-directors/

[9] NBCUniversal logo. https://twitter.com/NBCUniversal

[10] NBCUniversal’s ownership table. www.dailywireless.org/2010/01/04/top-ten-digital-broadcasting-stories-of-the-decade/

[11] Montana McBirney’s notes on Brian Roberts’ visit to Newhouse.

[12] Hannibal Ratings. http://variety.com/2013/tv/news/no-big-ratings-bite-for-hannibal-in-premiere-but-nbc-has-seen-worse-1200333622/

[13] Office Ends its run. http://www.cnn.com/2013/02/07/showbiz/tv/office-series-finale-ew

[14] Ready For Love. http://www.nbc.com/ready-for-love/

[15] America’s Got Talent. http://tvbythenumbers.zap2it.com/2013/03/19/americas-got-talent-season-8-to-premiere-june-4-on-nbc/174051/

[16] NBC’s “Camp. http://www.deadline.com/2013/02/rachel-griffiths-to-topline-nbc-summer-series-camp-brent-sexton-joins-ironside/

[17] NBC Nabs “Crossing Lines. http://variety.com/2013/tv/international/nbc-nabs-crossing-lines-1200326311/

[18] Hannibal Preview. http://www.youtube.com/watch?v=BGYc2PJFV-E

[19] E! Shows. http://www.eonline.com/shows

[20] Bravo Shows. http://www.bravotv.com/shows

[21] NBCUniversal Contact Us. http://www.nbcuni.com/corporate/about-us/

[22] 30 Rock Bids Farewell. http://corporate.comcast.com/news-information/news-feed/30-rock-bids-farewell-after-seven-successful-seasons

[23] NBC Finishes Fifth. http://www.deadline.com/2013/02/nbc-sweeps-ratings-lastloses-to-univision/

[24] NBC Cancels Do No Harm. http://insidetv.ew.com/2013/02/08/nbc-cancels-do-no-harm/

[25] Comcast’s NBCUniversal deal. http://business.time.com/2013/02/14/comcasts-nbcuniversal-deal-as-one-media-era-ends-another-begins/

[26] Why Is “Good Morning America” Beating “Today.” www.newsday.com/entertainment/tv/tv-zone-1.811968/why-is-good-morning-america-beating-today-1.4819519

[27] Jimmy Fallon Takes Over “Tonight” http://www.latimes.com/entertainment/tv/showtracker/la-et-st-tonight-show-culture-jimmy-fallon-20130405,0,3091028.story

[28] 30 Rock’s Season Finale Airs. http://www.justjared.com/2013/01/31/30-rock-series-finale-airs-tonight-tracy-morgan-baby-news/

[29] Jimmy Fallon & Jay Leno photo. http://www.justjared.com/2013/01/31/30-rock-series-finale-airs-tonight-tracy-morgan-baby-news/

[30] TV Pilots 2013. http://www.hollywoodreporter.com/live-feed/tv-pilots-2013-complete-guide-413377

[31] John Malkovich to Star in NBC”s Pirate Drama. http://www.deadline.com/2013/03/john-malkovich-to-star-in-nbc-series-crossbones/

[32] The Office picture. http://www.officetally.com/the-office-season-9-poster

[33] John Malkovich photo. http://www.imdb.com/name/nm0000518/

[34] Do No Harm. http://www.imdb.com/title/tt2184980/

[35] David Axelrod joins NBCNews. http://theweek.com/article/index/240310/david-axelrod-joins-nbc-news-is-the-white-house-running-msnbc

Sinclair Broadcast Group

by Victoria Pane

Screen shot 2013-04-01 at 8.59.55 PM[14]

Sinclair Broadcasting Group Inc. is one of the largest broadcast companies to date. SBG owns and operates programs or provides sales services to 112 TV stations that span 61 markets nationwide. Sinclair Broadcasting Group reaches about 29.8% of U.S. TV households. Station affiliates include FOX, ABC, MyTV, CW, CBS, NBC, MTN and Azteca.

Headquarters Address: 10706 Beaver Dam Road, Hunt Valley, Maryland 21030

Telephone– (410)-568-1500

Social Media- Facebook  LinkedIn

Screen shot 2013-04-01 at 8.40.21 PM[15]

Executives

David Smith– Chief Executive Officer

David Amy-Chief Financial Officer

Steven Marks– Chief Operating Officer

Barry Faber-Executive Vice President

David Bochenek-Chief Accounting Officer

History

Located in Hunts Valley, Maryland, the Chesapeake Television Corporation was founded by Julian Sinclair Smith in 1971. Station ownership started in Baltimore (WBFF), Pittsburgh (WPTT/WPMY) and Columbus (WTTE). The last of the remaining stocks were bought by Smith’s four son is 1985 and since then the company has been named Sinclair Broadcasting Group. David B. Smith has served as

urlPresident and CEO since 1988, while the other three brothers hold various executive positions. With the help of the brothers the company has done nothing but grow in audience size and content range. The year 1995 changed it all when the company became publicly traded. Sinclair owns the majority of its stations, but they do operate some affiliates for the networks using local marketing agreements.

Picture above[16]

Screen shot 2013-04-01 at 9.09.23 PM

 

See all stations under Sinclair’s control here

Picture Right [17]

Recent News

Since the beginning of the New Year SBG has been placing new General Managers in many of its markets across the country. On January 2, 2013. Noreen Parker was named GM of WTTA-TV (MY TV Tampa Bay) in Tampa, Florida. On January 3rd Sinclair announced that Jim Lapiana would be the new GM of WPGH-TV (Fox 53) and WPMY-TV (MNT 22) in Pittsburgh.  Also on January 3rd Ronna Corrente was named GM of WDKY-TV (Fox 31) in Lexington, Kentucky. And lastly on March 7th, Terry Gaughan was named GM of WCGV-TV (My 24) and WVTV-TV (CW 18) in Milwaukee, Wisconsin.

Another major piece of employee news is Steve Pruett joined senior management team as Chief Operating Officer of Chesapeake TV. Pruett has meny years of experience in the media, up until recently he was the CEO of Communication Corporations of America (CCA). Along with being the COO of Sinclair Television Group in the mid-sized market, Marks will also oversee the Company’s most recent strategy for small markets.

During February, Sinclair Broadcasting Group made a deal hoping to create initiative for small market television. The company signed an agreement to purchase stock and broadcasting assets of four television stations owned by COX Media Group. The deal was set for $99 million. These stations operate four different markets and reach about 0.9% of U.S. TV households. David Smith, President and CEO of Sinclair was quoted: “Over the past 18 months, we have led the industry’s consolidation efforts in the mid-sized markets, purchasing 30 TV stations and creating over $400 million of equity value. We believe our platform size and leadership position allow us to bring meaningful purchasing power and negotiating leverage to these stations. Including synergies, we believe the CMG stations can generate approximately $20 million of cash flow, on average.”

Screen shot 2013-04-01 at 11.23.05 AM[6]

Also in February of this year, Sinclair reached an agreement with DirecTV regarding the retransmission consent agreement. They have entered a short-term extension to the existing contract so that both parties will be able to enter into a formal agreement. In conclusion, DirecTV will continue to carry all of Sinclair’s stations.

On February 28th SBG announced an agreement to purchase 18 television stations owned by Barrington Broadcast Group, LLC for $370 million. It also entered agreements to operate or provide sales services for another six stations. These 24 stations are located in 15 different markets and reach 3.4% of U.S TV households. David Smith commented: “This week, we launched our small market television group when we announced we would be acquiring certain of the COX Media television stations. The Barrington stations are an important part of that strategy, providing meaningful scale to the group. Including synergies, we believe the Barrington stations can generate approximately $71 million of cash flow, on average.­”

Screen shot 2013-04-01 at 11.38.43 AM[8]

Conflicts with FCC ownership rules have forced Sinclair to sell its station WSYT (Fox) in Syracuse, NY and assign its local marketing agreement and purchasing option on WNYS (MNT) in Syracuse. The Company also sold its station WYZZ (Fox) in Peoria, IL. The license assets of four stations will be bought by Cunningham Broadcasting Corporation and Howard Stirk Holdings (newly formed and controlled by Armstrong Williams who is the founder and CEO of Graham Williams Group).

On April 2nd, SBG announced its full support of MobileDTV. Over the next six months, the Company will being to broadcast 10 mobile-cable signals in nine different markets. This is in partnership with Cunningham Broadcasting Company that broadcasts two stations in Columbus, Ohio (WSYX-TV and WTTE-TV). Consumers in these markets will be able to use MobileDTV on their smartphones or tablets to enjoy local over-the-air broadcasting for free simply by installing a plug-in adaptor. Sinclair has long been a mobile tv advocate has committed to offer some FOX affiliates on this developing platform. MobileDTV is expected to help with targeted advertising and the TV anywhere anytime for consumers.

Find a list of available stations and markets here.

SBGI Financial Reports

Screen shot 2013-04-01 at 10.23.03 PM[13]

 

Sinclair announced its first quarter of 2013 estimates of a net broadcast revenue of about $251.9 millon to $254.9 millon. Also an EBITDA of approximately $90.3 million to $93.3 million. The Board of Directors declared a $0.15 dividend to all Class A and B stock holders as of close on March 1st, 2013. The dividend became payable on March 15th.

Listen to the First Quarter Earnings Webcast and Conference call here

Financial Events Calendar

May 1, 2013- First Quarter 2013 Earnings Report

June 6, 2013- Annual Shareholders Meeting

August 7, 2013- Second Quarter Earnings Report

November 6, 2013- Third Quarter 2013 Earnings Report

 

Industry Conferences

March 4-6 dbAccess Media, Internet and Telecom Conference Palm Beach, FL.

April 8-9 Wells Fargo Investor Forum at NAB Las Vegas, NV.

May 7-9 Jefferies 2013 Global Technology, Media and Telecom Conference The Westin, NYC

May 20-22 Barclay’s High Yield and Syndicated Loan Conference Chicago, IL.

May 30th– The Benchmark One on One Investor Conference Milwaukee, WI.

Sept 30-Oct 2 Deutsche Bank’s 21st Annual Leveraged Finance Conference Scottsdale AZ.

 

Sources

1.http://www.sbgi.net/about/history.shtml

2.http://www.sbgi.net/about/profile.shtml

3.http://www.sbgi.net/site_mgr/temp/Parker%20Tampa_kv9j79fq.shtml

4.http://www.sbgi.net/site_mgr/temp/Lapiana%20Pittsburgh_nf4w27hf.shtml

5.http://www.sbgi.net/site_mgr/temp/Corrente%20Lexington_y574z5b9.shtml

6.http://www.sbgi.net/site_mgr/temp/_q81qytdm.shtml

7.http://www.sbgi.net/site_mgr/temp/_8tv8hrf9.shtml

8.http://www.sbgi.net/site_mgr/temp/_7xfvjv6f.shtml

9.http://www.sbgi.net/site_mgr/temp/_vhm639mg.shtml

10.http://broadcastengineering.com/company-news/sinclair-broadcast-group-buys-18-barrington-tv-stations

11.http://articles.baltimoresun.com/2013-03-01/news/bs-bz-sinclair-acquisition-20130301_1_sinclair-s-ceo-stations-directv-customers

12.http://www.sbgi.net/site_mgr/temp/MobileDTV13_t7j41d11.shtml

13.http://www.reuters.com/finance/stocks/overview?symbol=SBGI.O

14/15.http://www.sbgi.net/

16.http://www.baltimoresun.com/business/bal-david-smith-2010-photo,0,4271489.photo

17. http://www.sbgi.net/business/television.shtml

Disney/ABC Television Group

By Mila Morgensztern

 2000px-Disney-ABC_International_Television_logo (1)

 500 South Buena Vista Street, Burbank, CA 91521-4581, United States. (2)

Tel: 818-560-1000

Fax: 818-560-1930

www.disneyabctv.com

COMPANY OVERVIEW: (3)

The Walt Disney company is one of the most diversify international entertainment company. They operate in many different sectors such as Disney media Network( broadcasting, cable, publishing…), Disney Parks and Resorts, The Walt Disney Studios (Movies, Music, TV), Disney Consumer Products (merchandising) and Disney Interactive (digital media platforms). Overall, all those segments have been added overtime. Furthermore, this corporation is established in a variety of Countries such as Japan, France, Australia, Taiwan, the United Kingdom, Romania and many others. However, this report will only focus on a section of The Walt Disney Studios as it will only explore the recent TV department news.

BUT WHERE DOES SUCH A MAJOR CORPORATION COMES FROM? (4)

Originally, this company was called Buena Vista Television Communications and was launched in September 1995. But the following year the company acquired Capital Cities Communications. In addition, in 2001, Disney/ Buena Vista Television group also acquired Saban entertainment and Fox Family Worldwide. And in 2002, the company changed its name to Disney/ABC Television Group. Additionally,today due to their collaboration with Apple, the company was the first to benefit from the hit TV series via Itunes.

EXECUTIVES: (5)

President ABC entertainment groupPaul Lee

Management team (5)

Executive Vice President and Chief Financial Officer, Disney/ABC groupPeter Seymour

Management Team (5)

President and Chief Creative Officer, Disney Channels Worldwide – Gary Marsh:

Management team (5)

Executive Vice President, Global Communications, Disney ABC group – Kevin Brockman:

Management team (5)

FIRST QUARTERLY REPORT OF 2012: 

12% increase net income from the previous year. It rose to nearly 1.2 billion dollars with a revenue of 4.8 billion dollars. Furthermore, Morgan Stanley and Benjamin Swinburn, explained that it might be due to improvements in attraction parks. In addition, the parks revenues keep increasing and went up to 3.2 billion dollars for this quarter. (6) In addition, below you can see The Walt Disney company Quarterly Data Comparison. Overall, it can be said that this company main aspect is that, it is constant in term or revenues and net incomes.

 

chart
Additionally, Disney/ABC consists of all the Walt Disney company and ABC branded Television properties; which includes ABC television network and ABC entertainment.
 (7)
Picture Walt Disney Studio (6)
 
OVERALL, IT HAS ASSETS IN MANY INDUSTRIES: (8)
DISNEY/ABC MAIN COMPETITORS:
                    DISNEY/ABC TV SHOWS’ DIFFUSION, LATEST NEWS AND RELEASES.

ABC, ABC familly winter/spring TV diffusion: (10) 

  • Modern Family, Comedy – Teenagers – TV show about a big family.
  • Grey’s Anatomy, Drama – Teenagers and Adults – TV show about the life in a hospital.
  • Once upon a time, Fantazy/Drama – Teenagers and Adults – TV show about an imaginary world.
  • Revenge, Drama – Teenagers and Adults – TV show about a young woman that wants to revenge her father.
  • Pretty Little Liars, Drama – Teenagers – Tv show about 5 girls in high school.

Disney Channel TV shows 2012-2013: (11) 

  • Special episode of “Wizards of Waverly Place” on September 27.                     Comedy – Teenager- TV show on Wizards
  • On Disney Junior, on January 11th: “Sofia the first”.                                                                    Cartoon – Kids – TV show on Princess
  • Order of thrid season of “A.N.T. Farm” October 2012.                                                   Sitcom – Kids – Comedy
  • Order of second season of “Dog with a Blog” on February 4th.                                     Comedy – Teenagers – TV show about a Dog and a Family


IN ADDITION, SOME NEW RELEASES TOOK PLACE IN 2012.

For instance:

” Last resort “ American military drama TV show, put on air the 27th of September 2012 until January 14th 2013 as it was originally a 13-episodes run. It was created by Shawn Ryan and Karl Gajdusek(12)

 Actors: Andre Braugher, Scott Speedman and Daisy Betts. (13)

 

“666 Park Avenue”: Drama TV show that started September 30th, 2012 on ABC. It was created by David Wilcox and is about the tenants of a building in Manhattan NYC. (12)

Picture (12)

 Actors: Rachel Taylor, Dave Annable and Robert Buckley. (13)

 

“Nashville” : American musical drama TV show created by Callie Khouri. The serie first releases was on ABC, the 10 October 2012. Overall, the TV show is about two female singers trying to become stars. (12)

Picture (12)

Actors: Connie Britton, Hayden Panettiere and Clare Bowen(13)

 

And the “Neighbors” is what is called a science fiction sitcom. The TV shows talks about a family living with an extraterrestrial community. The serie was created by Dan Fogelman(12)

Picture (12)

 Actors: Dan Fogelman, Isaac Aptaker and Elizabeth Berger(13)

 

HOWEVER, ABC AND DISNEY WILL ALSO HOST TV PREMIERES AND NEW SEASONS, THAT HAS OR WIILL BE RELEASED LATER IN 2013.

 

Red Widow – March 3rd 2013: Drama tv show created by Melissa Rosenberg. A thriller with the main character as a widow housewife trying to protect her family. (14)

Picture (15)
 
 
Dancing with the stars – March 8th 2013. A dance competition that comes from the United Kingdom. It is currently its 16th season and is on the air since the summer of 2005. (14)

Find the Best (16)

Host: Tom Bergeron(13)

Judges: Bruno Tonioli, Carrie Ann Inaba and Len Goodman.(13)

 

How to live with your parents (for the rest of your life) – April 3rd 2013. It was created by Claudia Lonow and, it talks about a young mother recently divorced. (14)

Picture (17)

Actors: Sarah Chalke, Elizabeth Perkins and Rachel Eggleston. (13)

 

Family tools – May 1st 2013. Sitcom created by Bobby Bowman. Based on British sitcom called White Van Man and the story is about a man with no luck. (14)

The Family tools picture (18)

Actors: Chris Bruno and Sergio Enrique. (13)

 

Teen Beach Musical – Summer 2013. Tv show created by Jeffrey Hornaday and produced by Disney Channel. The story talks about a young women that likes surfing and has problems with her parents. (19)

Picture (20)

Actors: Ross Lynch, Maia Mitchell and Grace Phipps(13)

 

Code 9 – This summer. It is a reality TV show that does practical jokes with a hidden camera. (19)

Code 9 season 1 French (21)

Actors: Andrew Knott, Heshima Thompson and Liam Boyle. (13)

 

Good luck Charlie – April 2013. TV show on Disney Channel created by Phil Baker and Drew Vaupen. It talks about a newborn baby coming in the family. (19)

Picture (22)

Actors: Jason Dolley, Bridgit Mendler and Mia Talerico(13)

 

LASTLY, THE CORPORATE NEWS RELATED TO DISNEY/ABC TELEVISION GROUP.

In November, They increased their cash dividend by 25%. (22)

In December, The corporation finally acquired completely LucasFilm. (22)

In February, Walt Disney released fiscal information about the first quarter of 2013. It was made on December 29th 2012. (22)

  • Revenues: $11,341 million. (23)
  • Net income: $1,382 million. (23)
  • Free cash flow: $599 million. (23)
  • Compared to the previous year: 5%, 6%, 46% increase respectively.(23)

In February, the company webcasted fiscal earnings results. (22)

In May, there will be the annual shareholders’ meeting. (22)

Furthermore, the main news related to the entire television corporation, was that in the fall of 2013, several television groups are going to launch programs for US-Hispanics, on their networks. (24)

 

REFERENCES:

  1. http://disney.wikia.com/wiki/File:2000px-Disney-ABC_International_Television_logo.png
  2. http://www.cjr.org/resources/?c=disney.
  3. http://www.disneyinternational.com/.
  4. http://combosaurus.com/interest/disney-abc-television-group.
  5. http://www.disneyabctv.com/division/index_executives.shtml.
  6. http://jacksonville.com/entertainment/2012-12-06/story/fantasyland-comes-life-magic-kingdom.
  7. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=13728276.
  8. http://www.hoovers.com/company-information/cs/competition.Disney-ABC_Television_Group.daa325c7c7ed5f02.html.
  9. http://latimesblogs.latimes.com/entertainmentnewsbuzz/2012/02/disney-reports-first-quarter-2012-results.html.
  10. http://www.hypable.com/2012/12/17/winterspring-2013-tv-schedule-see-when-your-favorite-shows-will-return/.
  11. http://www.deadline.com/tag/disney-channel/.
  12. http://www.huffingtonpost.com/2012/06/11/abc-shows-fall-tv-2012-2013_n_1581796.html.
  13. http://www.imdb.com/title/tt2197797/fullcredits.
  14. http://www.allyourscreens.com/index.php/features2/73-2013-tv-premiere-and-finale-dates.
  15. http://www.tvwise.co.uk/2012/05/upfronts-2012-first-look-at-abcs-red-widow/.
  16. http://reality-tv.findthebest.com/q/45/1544/When-did-Dancing-with-the-Stars-start.
  17. http://www.telechargementz.org/video/series/vf/583548-code-9-saison-01-french-e01-df.html.
  18. http://kinobastion.ru/trejler-the-family-tools-data-vyxoda-seriala/.
  19. http://kidscreen.com/2012/03/13/disney-reveals-programming-slate/.
  20. http://mynewanimatedlife.blogspot.com/2013/02/teen-beach-musical-il-nuovo-disney.html.
  21. http://hookedonhouses.net/2011/05/02/the-duncans-denver-home-on-disneys-good-luck-charlie/.
  22. http://thewaltdisneycompany.com/.
  23. http://thewaltdisneycompany.com/sites/default/files/press-releases/pdfs/q1-fy13-earnings.pdf.
  24. http://www.tvwise.co.uk/2012/05/upfronts-2012-first-look-at-abcs-how-to-live-with-your-parents-for-the-rest-of-your-life/.

 

 

Viacom Inc.

By Yarmine Fernandez

Current Viacom Inc. Logo. Image courtesy of
http://techandscience.com/techblog/ShowArticle.aspx?ID=3354

Contact Information

Viacom Inc.
1515 Broadway
New York, New York 10036
(212) 258-6000

CONNECT WITH VIACOM  

Top Senior Management Executives 

Image courtesy of http://trialx.com/
celebritie//2012/10/17/
philippe-dauman-pictures/

Philippe Dauman
President and Chief Executive Officer

Image courtesy of http://money.cnn.com/
galleries/2010/fortune/
1009/gallery.
women_men_highest_
pay.fortune/21.html

Thomas E. Dooley
Chief Operating Officer

Image courtesy of http://mtvema. mtvnimages.com/2011/ images/press/exec-bios/ Bob-Bakish.jpg?width=400&quality=0.91

Robert Bakish, President and Chief Executive Officer Viacom International Media Networks

Top Board of Directors 

Image of courtesy http://money.cnn.com
/2007/08/23/ news/newsmakers
/100172390.fortune/

Sumner M. Redstone
Executive Chairman of the Board and Founder

Image courtesy of http://www.holly
wood reporter.com/lists/
shari-redstone-396263

Shari Redstone
Non-Executive Vice Chair of the Board

To learn more about Top Senior Management & Board of Directors click here [1].

 Its Beginnings: The Seventies

1976 Viacom Inc. Logo
Image courtesy of
http://www.retrojunk.com
/article/show/451/
production-logos
-from-hell

The Central Broadcasting System established Viacom Inc. in the 1970s as compliance to the Federal Communications Commission. It wasn’t until June 4, 1971 that Viacom Inc. finalized the split from CBS, in which its stocks were distributed among stockholders. Even though Viacom Inc. split from CBS, it had about 90,000 cable subscribers making it one of the largest cable operators in the United States. By 1973, the number had increased to 7.5 million subscribers but this opened the gates for FCC regulations. In addition to FCC regulations, Viacom Inc. faced competition from companies such as HBO (Home Box Office), a subsidiary of Timer Warner Inc .

The Raging Eighties

The 1980s for Viacom Inc. were characterized by growth through joint ventures with Warner Communications Inc. and Warner Amex Cable Communications Inc. and the acquirement of MTV Networks. MTV Networks included Nickelodeon and VH-1 at the time. By the end of the 80s, Viacom Inc. owned five television stations, fourteen cable franchises, and nine radio stations. One of the radio stations they purchased was WLAK-FM, a Chicago based station.

The Tumultuous Nineties

The end of the eighties and the early nineties were marked with a law suit between Viacom Inc. specifically Showtime and HBO. Viacom Inc. got the better half of the suit as Time Warner Inc. was forced to pay them $75 million. By far, one of the greatest achievements for Viacom Inc. during the nineties was when they purchased Paramount Pictures Communications Inc. completing a $9.9 billion merger with the company.

For full history click here [2] or for history timeline click here [3].

Image courtesy of http://www.deadline.com/
2012/08/viacom-overpaid-
sumnerredstone
-ceo-coo-millions-shareholde
r-lawsuit-claims/

 Viacom Inc. Logo @All Rights Reserved

Company Overview 

Image courtesy of http://daytontribune.com
/nickelodeon-boasts-the
-top-three-entertainment
-telecasts-for-the-quarter-
and-breaks-rating-record/75215/

Viacom Inc. is one of the largest global leading media companies with diverse audiences everywhere. Viacom Inc. primarily operates in Media Networks and Filmed Entertainment. The Media Networks provide entertainment content and branded products for its audiences while the Filmed Entertainment produces motion pictures. On a international scale, Viacom Inc. reaches about 700 million households. Viacom Inc. successfully targets a large demographics through the various channel platforms they own. For example, by owning Nickelodeon, Viacom Inc. has a large children population.

Some of the Media Networks Include:

Some of the Filmed Entertainment Segments:

For general information about these networks/segments click here [4].

Paramount Pictures 

Image courtesy of http://www.hollywoodreporter.com/news/mission-impossible-ghost-protocol-paramount-anniversary-logo-273798

The establishment of Paramount Pictures Inc. can be contributed to Adolph Zukor, Jesse L. Lasky and Cecil B. DeMille. The year 2012 marks the 100th year anniversary for Paramount Pictures Inc. making it one of the oldest motion pictures company in the United States. Paramount Pictures Inc. has been successful in launching revolutionary motion pictures such as The Godfather, and Chinatown. For the year 2013, a Paramount Pictures Inc. movie, Hansel & Gretel: Witch Hunters made the top ten in the box office resulting in a profit of $50.2 million.

Image courtesy of http://www.imdb.
com/title/tt1428538/

 

For more information click here [5].

“Right Here, Right Now”

Financials 
Viacom Inc. seems to be stable financially. Currently, their revenues are about 3314.0 USD while their earnings per share are 0.92909 USD. However, for the year 2013 their operating income decreased from 22% to $797 million and $461 million due to
low revenues in the Filmed Entertainment and a decline in Media Networks advertising revenues. The decline in the Filmed Entertainment revenues was due to its theatrical releases, Mission: Impossible — Ghost Protocol (2011)  and Transformers: Dark of the Moon (2011). In addition, their debts increased from $8.15 billion to $8.39 billion in the months of September, November, and December. In response to these financial updates, Sumner M. Redstone stated “Viacom continues to build on its impressive global portfolio of movies, television programming and digital content.  Philippe leads a talented executive and creative team at Viacom, and I am fully confident that by investing in new hits we will continue to build our outstanding brands” [6].

Viacom Inc. still continues to battle their debts issues. On March 11, 2013, they agreed to sell $300,000 million of the principal amount due >> To continue reading click here [7].

Media Networks:

Image courtesy of http://www.webtvwire.
com/watch-wendell-vinnie-full-episodes
-online-season-1-video-streaming
-torrent-search/

Not too long ago, Viacom Inc. launched a new show through Nickelodeon. The show is a comedy series called “Wendell & Vinnie,” which premiered on Sunday, February 17th 2013.

For the full article click here [8].

Also the cable network, VH1 plans to launch three shows premiering this upcoming April.

  1. “The Gossip Game,” premiering Monday, April 1st is a show based in New York City, where seven women are trying to make it in the media entertainment industry.
  2. Following “The Gossip Game,” the third new season of “T.I. & Tiny: The Family Hustle” will premiere on Monday, April 8th. The show is based on rap megastar T.I. “Tip” Harris and his family.
  3. Last but not least, VH1 plans to launch on Sunday, April 21st I’m Married To A…”A  documentary series whose focus will be on unusual situations that brings couples together. 

For the full story click here [9].

Filmed Entertainment: 

For the Film Entertainment segment, Paramount Pictures Inc. is currently working on sixteen new upcoming releases, seven of which will be premiering during this year and the rest in 2014.

Movie Title (click to view) Date
Pain and Gain 4/26/13
Star Trek Into Darkness 5/17/13
World War Z 6/21/13

For the complete list click here [10].

What’s Cooking Within the Corporation

An important update for Viacom Inc. this year is the election of two new members that will serve on the Board of Directors. Cristiana Falcone Sorrell, one of the new members is the Senior Advisor at the World Economic Forum and Deborah Norville is a two-time Emmy winner, who is best recognized as a TV journalist. As a result of these two new members, Viacom Inc. will now have thirteen members as part of their Board of Directors.

For the full article click here [11].

 Cablevision vs. Viacom Inc.  

Another story that has had the spotlight are the tensions that have been brewing up between Cablevision and Viacom Inc. Cablevision is suing Nickelodeon, MTV and Comedy Central, claiming that Viacom Inc. is forcing cable operators to carry low-rated networks. Cablevision has been trying to control the rising subscriber fees by denying some of the networks that are not getting the best ratings.

For the full gossip click here [12].

What About Them Video Music Awards? 

History will be made this year as MTV will be bringing the Video Music Awards to Brooklyn, New York on Sunday, August 25th 2013. The VMAs will be taking place in the Barclay Center, home of the Brooklyn Nets >> To continue reading click here [13].

 References 

[1] Viacom Inc. Senior Management. http://www.viacom.com/aboutviacom/Pages/seniormanagement.aspx

[2] Viacom Inc. History. http://www.fundinguniverse.com/company-histories/viacom-inc-history/

[3] Viacom Inc. History. http://www.viacom.com/aboutviacom/Pages/history.aspx

[4] Viacom Media Networks. http://www.viacom.com/ourbrands/medianetworks/Pages/default.aspx

[5] Paramount Pictures. http://www.paramount.com

[6] Viacom News. http://www.viacom.com/news/Pages/newstext.aspx?RID=737032

[7] Viacom News. http://www.viacom.com/news/Pages/newstext.aspx?RID=747213

[8] Viacom News. http://www.viacom.com/news/Pages/newstext.aspx?RID=734118

[9] Viacom News. http://www.viacom.com/news/Pages/newstext.aspx?RID=742024

[10] Box Office Mojo Paramount Pictures Upcoming Releases. http://www.boxofficemojo.com/schedule/?view=distributor&id=paramount.htm

[11] Viacom News. http://www.viacom.com/news/Pages/newstext.aspx?RID=750158

[12] Ad Age Media News. http://adage.com/article/media/viacom-crosshairs-bundling-debate/240131/

[13] MTV VMAS Coming to Brooklyn’s. http://www.mtv.com/news/articles/1704268/vmas-2013-brooklyn-barclays-center.jhtml

 

 

Tribune Broadcasting

by James Natalie

 

Tribune logo image courtsey wikipedia.org

History

Founded in 1847, the Tribune Company has demonstrated its powerful stance in the media industry as its newspapers, television stations, radio stations, and websites now reach over 80 percent of households nationwide. [1]

After its television division started out in 1948 with the establishment of WGN-TV in Chicago and WPIX-TV in New York, two stations that proved to be the heart of Tribune Television, Tribune Television continued to prosper and in 1981 the Tribune Broadcasting Company was born. Already having acquired a third television station, Denver’s KWGN-TV, Tribune Broadcasting went on to buy stations in Atlanta, New Orleans, Los Angeles, Philadelphia, and Boston in years to follow.

Chicago Cubs playing at Wrigley Field, Chicago, IL
photo courtesy cubs.com

However, popular for its Chicago Cubs baseball broadcasts on WGN-TV and WGN Radio, Tribune Broadcasting Company’s first order of business in 1981 was stringing a deal with the Wrigley family to purchase the Chicago Cubs baseball team for a total of $20.5 million. WGN-TV, along with WGN Radio, have been broadcasting Cubs games ever since. [1]

Noteworthy events for Tribune’s television stations:

  • 1958: KGWN-TV begins as Denver’s first television station.
  • 1958: Los Angeles’ KTLA-TV is first television station to own a helicopter for news reporting.
  • 1959: WPIX-TV introduces the instant replay method during a New York Yankees baseball game. [1]

Key Personnel

Nils Larsen photo courtesy mediabistro.com

Samuel Zell – Chairman of Tribune Company

Eddy Hartenstein – President and CEO, Tribune Company; Publisher and CEO, Los Angeles Times

Nils Larsen – Chief Investment Officer, Tribune Company; President and CEO, Tribune   Broadcasting [2]

 

Current Rankings

The Tribune Company is currently ranked as the 22nd most leading media company in the United States. As of September 30th, 2012, Tribune Company has recorded a 3% decrease in net U.S. media revenue from $3.20 billion in 2010 to $3.11 billion in 2011. Within that span, Tribune’s broadcast TV medium (Tribune Broadcasting) net U.S. revenue also dropped from $748 million to $715 million. [3]

However, Tribune Broadcasting has affiliates in New York (WPIX-TV), Los Angeles (KTLA-TV), Chicago (WGN-TV), Philadelphia (WPHL-TV), and Dallas-Fort Worth (KDAF-TV). [4] According to the Nielsen 2012-13 DMA ranks effective September 22nd, 2012 for the 2012-2013 TV season, these markets rank 1-5 respectively and are estimated to reach nearly 19.3% – almost one-fifth – of the United States collectively, totaling 22,019,930 homes. [5] With these affiliates representing WPIX, WGN, myTV, and CW, they carry a number of popular syndicated programs such as Two and a Half Men, The Big Bang Theory and Friends. In addition, with these WPIX, WGN, myTV, and CW stations having their own local news, Tribune relies heavily on these five stations as a constant source of revenue despite the recent downward trend. [6] [7] [8] [9]

FOX photo courtesy clearchannel.com

Tribune Broadcasting has bigger affiliations with major networks such as FOX and ABC. Tribune has seven FOX affiliated stations, all within Neilsen’s top 50 estimated markets for the 2012-2013 TV season – Seattle-Tacoma (#12), Sacramento-Stockton-Modesto (#20), Indianapolis (#26), San Diego (#28), Hartford & New Haven (#30), Grand Rapids-Kalamazoo-Battle Creek (#39), and Harrisburg-Lancaster-Lebanon-York (#43). Tribune’s one ABC affiliate in New Orleans ranks just outside the top fifty, coming in at #51. For the full rankings click here.

ABC photo courtesy news10.net

FOX has enjoyed the early 2012-2013 season success of its shows such as New Girl and The X-Factor, while ABC has watched its 2012-2013 season start with a bang as its popular programs such as Modern Family, Grey’s Anatomy, Once Upon a Time, Revenge, and The Middle dominated the season premiere ratings. These affiliates prove to be some of Tribune Broadcasting’s biggest investments for constant revenue. [10]

Current Activities

Samuel Zell photo courtesy Damian Dovarganes/Associated Press

The Tribune Company is clearly experiencing financial difficulty and trying to stay alive in the broadcasting industry to keep up with its competitors. In December 2007, Tribune was bought out by current Chairman Samuel Zell for $8.2 billion, but a year later in December 2008, Tribune filed for Chapter 11 bankruptcy. Zell’s buyout is believed to have been completed by using mostly borrowed money from banks, therefore raising Tribune’s debt to $13 billion at the time bankruptcy was filed. Much of the turmoil over the past years has not fully receded, but Tribune is now on the back end of this deal and concentrating on solving it. [11]

July 23, 2012

Tribune Company’s Chapter 11 bankruptcy was signed off by Judge Kevin Carey, allowing the company to be owned by a number of hedge funds and banks.

JP Morgan Chase & Co. photo courtesy elitedaily.com

Under the order, Oaktree Capital Group LLC, JP Morgan Chase & Co., and Angelo, Gordon & Co. will be the new primary owners of the Tribune Company. [12]

August 9, 2012

Several groups objected the decision by Judge Kevin Carey and filed appeals to stop Tribune’s exit from Chapter 11 bankruptcy until a higher court can oversee the situation. Among these groups are Aurelius Capital Management, but more interestingly, Samuel Zell, the very man who people blame Tribune’s problems for. Tribune complains that a delay to exit from Chapter 11 bankruptcy can cost anywhere between $1.5 billion and $3 billion. Staying in bankruptcy could disable potential broadcasting partnerships and other strategic opportunities, and Chief Executive Eddy Hartenstein says it will put Tribune at a competitive disadvantage, forcing them to play “catch-up” with other companies. Although Zell’s comments were not provided, challengers to the ruling such as Aurelius Capital Management said that a delay would not harm Tribune, stating that Tribune has instead benefited and seen its value increase since they have been in bankruptcy. Tribune’s attorneys attribute this trend to Tribune’s exemption to pay interest on its loans, allowing them to increase profits. [13]

August 25, 2012

 

Cablevision photo courtsey curepc.org

Cablevision dropped several Tribune Broadcasting stations over its continued fight over retransmission fees. On August 17, 2012, Cablevision dropped Tribune’s CW affiliates in New York (WPIX-TV), Denver (KWGN-TV), and Waterbury, Connecticut (WCCT-TV), and its MyNetwork affiliate in Philadelphia (WPHL-TV). Cablevision added on to that list of valuable stations with new losses of Tribune’s FOX affiliate in Hartford (WTIC-TV) along with WGN America nationwide. Cablevision is one of the most popular television services in the New York metropolitan area and other Western states that reaches millions of customers. [14] Cablevision stated that Tribune removed these stations “even after Cablevision agreed to pay all the fees they demanded.” Tribune countered that by saying they “never made any threat to withdraw these stations or demand that Cablevision remove them.” [15] [16]

September 21, 2012

As a result of Judge Kevin Carey’s decision to release Tribune from Chapter 11 bankruptcy, the company has been looking to restructure. At the head of the list of CEO possibilities is Peter Liguori, as sources believe he is the “leading candidate.” Mr. Liguori has previously been President of Fox Broadcasting and Chief Operating Officer of Discovery Communications. Peter stepped down from his role as COO of Discovery Communications to become a strategic advisor for the telecommunications and media team of the private equity firm, Carlyle Group LP. If Liguori was to become the new CEO of Tribune, he would replace Eddy Hartenstein, who has been serving since May 2011. However, appointing a new CEO will prove to be a time consuming task. Tribune must first receive permission by the Federal Communications Commission to fully emerge from bankruptcy. Also, Tribune has to form a new board of directors and have that, too, approved by the FCC. Then, the company’s new projected owners, Oaktree Capital Group LLC, JP Morgan & Chase Co., and Angelo, Gordon & Co. have to approve Mr. Liguori as the new CEO. Before Peter Liguori, other powerful names such as Jeff Zucker and Michael Eisner had been rumored to be the leaders for the new CEO of Tribune. [17]

November 16, 2012

The Federal Communications Commission approved Judge Kevin Carey’s decision and granted waivers for Tribune Company to emerge from bankruptcy. Tribune and the FCC agreed on equal distribution of power within public airwaves between Tribune’s new primary owners, Oaktree Capital Group LLC, JP Morgan & Chase Co., and Angelo, Gordon & Co. Tribune is expected to fully exit Chapter 11 bankruptcy within the next several weeks. [18]

Works Cited:

[1]: History page, Tribune  http://corporate.tribune.com/pressroom/?page_id=2313 Retrieved 6 December 2012

[2]: About page, Tribune http://corporate.tribune.com/pressroom/?page_id=2 Retrieved 6 December 2012

[3]: Major Media Companies – Tribune Company, Advertising Age http://adage.com/datacenter/mediatrees2012/#141 Retrieved 6 December 2012

[4]: Markets & Stations – Tribune Company, TV Basics http://www.tvb.org/markets_stations#!id=661&type=broadcast_group Retrieved 6 December 2012

[5]: 2012-2013 DMA Ranks, Neilsen http://www.nielsen.com/us/en/measurement/television-measurement.html Sept. 22, 2012. Retrieved 6 December 2012

[6]: WPIX New Yorkhttp://pix11.com/ Retrieved 6 December 2012

[7]: WGN Chicago http://www.wgntv.com/ Retrieved 6 December 2012

[8]: MyPHL17 Philadelphia http://www.myphl17.com/ Retrieved 6 December 2012

[9]: The CW33 Dallas – Ft. Worth http://nightcaptv.com/ Retrieved 6 December 2012

[10]: Summer/Fall 2012 Premiere Ratings, TV Basics  http://www.tvb.org/measurement/summer_primetime_broadcast Retrieved 6 December 2012

[11]: Samuel Zell, New York Times http://topics.nytimes.com/top/reference/timestopics/people/z/sam_zell/index.html Aug. 31, 2009. Retrieved 6 December 2012

[12]: “Bankruptcy Judge Endorses Tribune Co. Ch. 11 Plan,” Peg Brickley, Dow Jones http://bankruptcynews.dowjones.com/article?an=DJFDBR0020120723e87nmnkqo&r=wsjblog&ReturnUrl=http%3a%2f%2fbankruptcynews.dowjones.com%3a80%2farticle%3fan%3dDJFDBR0020120723e87nmnkqo%26r%3dwsjblog Jul. 23, 2012. Retrieved 6 December 2012

[13]: “Tribune Says Bankruptcy Appeal Could Cause $1.5 Billion Damage,” Peg Brickley, Dow Jones http://bankruptcynews.dowjones.com/article?an=%20DJFDBR0020120809e889lsurs%20&r=wsjblog&ReturnUrl=http%3a%2f%2fbankruptcynews.dowjones.com%3a80%2farticle%3fan%3d%2520DJFDBR0020120809e889lsurs%2520%26r%3dwsjblog Aug. 9, 2012. Retrieved 6 December 2012

[14]: About page, Cablevision http://www.cablevision.com/about/ Retrieved 6 December 2012

[15]: “Cablevision Loses Tribune’s WGN America, Hartford Fox Affiliate,” Todd Spangler, Multichannel News http://www.multichannel.com/cable-operators/cablevision-loses-tribunes-wgn-america-hartford-fox-affiliate/140004 Aug. 25, 2012. Retrieved 6 December 2012

[16]: “Cablevision Drops Tribune-Owned WPIX, KWGN, WCCT, WPHL in Yet Another Fee Dispute,” Phillip Dampier, Stop the Cap http://stopthecap.com/2012/08/21/cablevision-drops-tribune-owned-wpix-kwgn-wcct-wphl-in-yet-another-fee-dispute/Aug. 21, 2012. Retrieved 6 December 2012

[17]: “Tribune eyes former Discovery executive Liguori as CEO,” Ronald Grover and Peter Lauria  http://www.reuters.com/article/2012/09/21/us-tribune-liguori-idUSBRE88K16R20120921 Sept. 21, 2012. Retrieved 6 December 2012

[18]: “FCC grants Tribune Co. waivers, clears way to end bankruptcy,” Jim Puzzanghera, Los Angeles Times http://www.latimes.com/business/money/la-fi-mo-tribune-fcc-waivers-20121116,0,1824756.story Nov. 16, 2012. Retrieved 6 December 2012

 

 

 

 

 

 

 

 

Raycom Media

        by Katherine J Hart

Courtesy Raycom Media

Raycom Media is a broadcasting and television production company. It is one of the nation’s largest broadcasters with regional cable deals and exclusive digital media rights to the Atlantic Coast Conference college athletics. Rraycom owns and operates Raycom Sports, Tupelo-Honey Productions and Broadview Media. The company affiliates with national broadcasting leaders like ABC, NBC, CBS, FOX and MNTV for local news. This network reaches 37 regional television markets with 48 different stations, is watched in 12.6% of U.S. television households, and is viewed in 18 states. (1)

Contact

Raycom Media Inc., RSA Tower 201 Monroe St. 20th fl., Montgomery, AL 361404. Telephone: 334-206-1400. Fax: 334-206-1555. http://www.raycommedia.com

Courtesy Raycom Media

Paul McTear, President and CEO

Courtesy Raycom Media

Wayne Daughery, Executive Vice President and COO

Jeff Rosser, Don Richards, Leon Long, and Brad Streit are all Television Vice Presidents

History
Raycom Media was created in 1996. Bert Ellis formed the Ellis Communications group in 1992 with control over 13 television stations and two radio stations. Ellis then went on to purchase Raycom Sports, a marketing firm that had already been in business for 15 years. The merge to become Raycom Media occurred after Ellis sold his share to a growing media group that had ownership in the South and Midwest region of the country. Three parties, including Federal Broadcasting’s TV Group, Retirement Systems of Alabama and the original Raycom Media came together to expand their broadcasting power. This new Raycom Media corporation joined with Malrite Commuications in 1998 and acquired The Liberty Corporation in 2006. Lincoln Financial Sports was also bought by Raycom Sports in 2007 and the company continues to look for ways to grow today.   (2)

Raycom Media, Inc. Current Events

September
September 7, 2012, Raycom Sports announced the start of the “Ultimate Road Trip” Contest. This event ran from September 8 to November 8, 2012 and was sponsored by Chevrolet and the ACC. The ACC Road Trip Driven by Chevy is a television program on Raycom Sports and it launched this sweepstakes. Two grand prize award trips for the 2012 Country Music Awards in Nashville, Tennessee were up for lottery as well as speciality prizes that were drawn throughout the two months. Fans entered online by visiting the site, www.theACC.com/RoadTrip or going to www.Facebook.com/theACC. The  promotion rewards those who tune into the weekly program and linking the love of football to the love for country music. The ACC Road Trip Driven by Chevy program highlights the traditions, campuses, and tailgates of the ACC college games and has been honored with Emmy Awards and Telly Awards. The host, Tommy Kane brings a comical narrative with spunky energy to the inside look of what makes every college in this conference unique and fun. (3)

Courtesy Raycom Sports

October
On October 10, 2012, Raycom Media released a statement on the website titled “Proud of Our Management Diversity.” The main page of the company website highlights the initiative to stay involved in the communities it serves, and to provide various viewpoints on news and local issues. This goal is in constant progress, and as the news release states, Raycom is successful in this work. The National Association of Black Journalists has recognized Raycom Media as having the highest diversity index of all broadcast groups surveyed. 31 of its 179 television newsroom managers are people of color, and overall, at least 60% of the companies stations have one person of color or more in a ranking position. Raycom had made an effort, starting in early 2012 to work with the National Association of Black Journalists to focus on the promotion of the people of color perspective. According to Bob Butler, Vice President of NABJ, Raycom is the only television group to welcome the diversity initiative and create such quick progress across their companies leadership portfolio. (4)

November
WXIX-TV, a Raycom owned station in Cincinnati, Ohio is making news of its own for some bad reasons. On November 14, 2012, Tricia Macke, a co-anchor for the evening newscast, was suspended by her station for making remarks that have been interpreted as homophobic. The comments were written on Facebook and were directed at Rachel Maddow, the MSNBC host. Bill Lanesey, the general manager of WXIX-TV kept Macke off air for two days as she worked to mend the controversy. The GLAAD division in the Ohio area demanded a response from the vocal news anchor. Tricia Macke apologized online for any offense caused by her comments, and she made it clear that her words in no way reflected the opinion and position of her employer, WXIX-TV, and more broadly, Raycom Media.  (5)

Raycom Media Networks Current Events

Raycom Sports: Raycom Sports is the most prominent division of Raycom Media Inc. With owned television rights to the Atlantic Coast Conference, ACC, since the 1980s, Raycom Sports is the central viewing station for these college football and men’s basketball games. A sublicensing agreement was met with Raycom Sports and ESPN in 2012 that Raycom will be the national syndicator for the ACC conference and this deal will continue until at least 2027. Raycom Sports created the Belk Bowl, a tournament featuring the Big East versus the ACC leagues. Raycom is involved in the operations of these games and also organizes the ACC Championships. Ken Haines and about 50 employees working under him, run Raycom Sports in Charlotte, North Carolina. (3)

Courtesy Louisville Cardinals

September 9, 2012: Viewers express unhappiness with Raycom’s coverage of Clemson University football games. Commercials for local business often interupted the video feed, and even some blank screens have appeared during the broadcast. Fans of ACC football worry that this quality professionalism from the network will lower the status and reputation of the league overall.

October 26, 2012: Business Journalist, Erik Spanberg, in Charlotte, NC speculates that the new network Speed, a News Corp. owned property could grow in the Charlotte area to become an all-encompassing sports channel. This would mean new competition for Raycom Sports who is also based in Charlotte. Raycom Sports provides general sports news and specializes in ACC college athletics. With Speed moving into the area, Raycom Sports could lose viewers.

November 20, 2012: Raycom Sports recieved six nominations for the 27th Annual Midsouth Regional Emmy Awards. The winners will be announced in January 2013. “Havoline Football Saturdays in the South,” “Kings of the Court,” and “ACC Road Trip” were nominated this year.

Bounce TV: Bounce TV features programing of movies, sports, documentaries, and original television shows that are all centered on African American perspective. It is the first broadcast network of its kind and was founded by Martin Luther King III, Will Packer, and Rob Hardy, along with many other contributors. Currently the station hosts its own shows such as Back Stage Pass, Off the Chain, and Fat Albert and the Cosby Kids. (6)

September 26, 2012: On the network’s one year anniversary, the company has seen great growth and has expanded to Detroit, Phoenix, Minneapolis and Orlando. IT has reached an estimated 80% of African American homes and at least 60% of all U.S. television households. The station will start airing African American focused movies, such as Monster’s Ball and Pride coming up soon this year. (7)

October 3, 2012: Bounce TV announced it will be premiering its newest series, “Off the Chain”, hosted by Rodney Perry.

November 7, 2012: Bounce TV announced that they will air their first boxing telecast and will continue airing matches throughout the season.

Raycom Media Program Current Events

Right this Minute: Raycom created this weekday television show that covers news and pop culture. This program is interactive in that it is paired with a website and video blog. It is different than most telecasts in that its material is supplied by citizen journalists. Most of the video is supplied by cellphone, webcam, digital cameras, and Skype feeds from average people all over the world. Viral video sensations are highlighted on the show and it is up to date and current for new viewers to relate to. Interestingly, this program is a cooperation of Cox Media Group, Raycom Media Inc. and E.W. Scripps Company, along with MagicDust. (8)

September 4, 2012: The program expands into seven more markets in its second year in production. It will now be available in Detroit, Denver and San Diego which spreads its reach to about 30% of U.S. TV homes and 45 TV markets.

Sources

  1. http://www.raycommedia.com/about/
  2. http://en.wikipedia.org/wiki/Raycom_Media
  3. http://www.raycomsports.com/chevrolet-and-acc-road-trip-launch-%E2%80%9Cultimate-road-trip%E2%80%9D-contest-this-weekend/
  4. http://www.raycommedia.com/news/121010.htm
  5. http://www.tvweek.com/blogs/tvbizwire/2012/11/news-anchor-suspended-over-all.php
  6. http://www.bouncetv.com
  7. http://madamenoire.com/218645/more-ounce-to-the-bounce-network-celebrates-b%C2%B4day-and-new-deals/
  8. http://www.rightthisminute.com/

Ion Media Networks

by Daniel Buczakowski

Address:  601 Clearwater Park Road
West Palm Beach, FL 33401
Phone:    (561) 659-4122
Website: ION Media Networks

Key Executives:

Brandon Burgess
Chairman and CEO

Chris Addeo
Marketing

Stephen Appel
Sales

 

 

 

 

 

 

 

Jeff Quinn
Finance

Terri Santisi
Administration

Marc Zand
Programming Acquisitions

 

 

 

 

 

 

 

Douglas Holloway
Distribution

Dan Hsieh
Innovation
Michael Hubner
Legal

 

 

 

 

 

 

 

Joseph Koker
Stations

David Glenn
Engineering
Russel Frederickson
On-Air Services

 

 

 

 

 

 

 

Major Competitors

Fox Broadcasting Company
Colombia Broadcasting System (CBS) Broadcasting Inc.
Sinclair Broadcasting Group Inc.
American Broadcasting Company (ABC)
The CW Television Network

A Brief History

ION Media Networks was founded in 1984 as Paxson Communication in Clearwater Florida.  Owning multiple radio stations and a few ABC and NBC network affiliate stations, Paxson Communication eventually became Florida’s largest radio group.  In 1994, Paxson acquired 55 percent of American Network Group for $2.5 million.  As American Network Group was a publicly held company, Paxson itself became a public company, and by doing this avoided the costs inherent with an initial public offering (IPO).  This also gave Paxon access to public capitol to help the company grow through more acquisitions.  In 1998 the company decided to build it’s own independent television company, and PAX TV (Later to be known as the PAX network) was born.  1994 was a big year for Paxson, this was the year they also acquired their first television stations, WPBF-TV  in West Palm Beach, Florida, WTLK-TV in Atlanta and Rome, Georgia, and WYVN-TV in Martinsburg, West Virginia.  By the end of 1997, Paxson had grown so large that it owned more then 60 stations and covered 60 percent of all US households, and had revenues that exceeded $88 million after selling it’s radio division to Clear Channel Communications for $693 million in cash.  However, operating loss had also grown to $22 million, a major difference from the $4 million of 1996.  This was just the beginning of Paxson’s financial problems, for by 1998, Paxson’s operating capitol had shrunk to $1.8 million and it’s net loss had risen to $137.9 million, while total revenue was only $134.7 million.  By the year 2007 after lengthy legal battles with NBC Universal, the company’s founder Bud Paxon sold his shares of the company and retired.  Branden Burgess replaced him as President and C.E.O. and the company was renamed ION Media Networks Inc.

History of Financial and Legal problems

1999 Paxson reports a negative cash flow of $102.6 million with a long term debt of $382 million.

September 1999:  NBC buys 32% share in Paxon for $415 million.  Effectively bailing Paxson out and to Paxon’s consternation, becoming effectively an equal partner rather than a minor shareholder.

December 4, 2001:  Paxon files and arbitration to block NBC’s acquisition of Telemondo.

September 2002:  Paxon arbitration against NBC was denied.

November 13, 2003:  NBC requests redemption of it’s $549.2 million investment in Paxon.

August 2004:  NBC Universal files lawsuit against Paxon.

November 7, 2005:  In and agreement with NBC Universal, Lowell Paxon leaves the company and sells his shares to NBC Universal.  He is replaced with Brandon Burgess.

November 2007:  ION Networks is taken to trial by Positive Ions Inc. for trademark infringement.  ION Networks loses and is forced to pay Positive Ions $1.7 million.

May 19, 2009:  ION Media Networks files for Chapter 11 bankruptcy protection with $2.7 billion of debt.

December 2009:  Emerges from bankruptcy as a privately owned company under the ownership of its bondholders and secured lenders.

Today

Currently, ION Media Networks is one of the largest privately owned television networks in the country, with over 60 television stations in North America.   Under Brandon Burgess’ direction, ION Media Networks has rewritten it’s policies to follow four main objectives:

  • Innovation

By fostering an environment which gives it’s employees the freedom to explore new ideas, while also helping them stay focused to the task at hand, ION Media Networks is able to create new opportunities as opposed to rehashing the same ideas over and over.

  • Diversity

Understanding that sometimes the greatest ideas come from differing viewpoints, ION Media Networks takes great pride in hiring a diverse group of employees.  Their motto being that multiple inputs often yield the most valuable outputs.

  • Empowerment

By providing the tools and support needed to succeed, Ion Media Networks empowers their employees to take the necessary steps to accomplish their goals.

  • Accountability

ION Media Networks fully stands behind all of it’s employees.  Holding themselves accountable not only to their audience, but to themselves as well.  Each employee shares in the companies success as well as the burden of their failures.

Major Divisions

ION Media Networks is broken down into four major divisions:  ION Television, Qubo, ION Life and Dyle.

 

One of the fastest growing television networks in the nation, ION Television focuses on syndicated network shows as well as introducing new original programming and special event programming.  A leader in the Adult 25-54 and Women 25-54 demographics, ION Television reaches more than 100 million US households.  Starting in October of 2012, ION Television adopted an 108-hour network programming schedule, providing general entertainment programming from 11am – 3am Mondays – Fridays, 1pm – 3am Saturdays and Sundays.  All other times are filled with religious programming or infomercials.

Programs:

Cold Case
Criminal Minds
Flashpoint
House
Law & Order:  Criminal Intent
Leverage
Numb3rs
Psyche
WWE Main Event
My Name is Earl
Without a Trace
Married With Children
Monk

Specifically targeting children in the 5 – 8 age range, Qubo offers quality children’s programming 24/7.  Available via over-the-air coverage, cable, satellite and telco, Qubo has won multiple awards from both the FCC and the US government in recognition of it’s dedication to improving children’s health and reducing childhood obesity.  Qubo was also recognized by the US government as one of the most trustworthy sources of children’s television.  Qubo is a joint venture between Ion Media Networks, NBC Universal, Corus Entertainment’s Nelvana, Scholastic Corporation and DreamWorks Classics.

Programs:

Taste Buds
Jakers
Harry and his Bucket Full of Dinosaurs
Timeblazers
Willa’s Wild Life
The Mysteries of Alfred Hedgehog
Artzooka!
Where on Earth is Carmen Sandiego?
Animal Atlas
Dex Hamilton Alien Entomologist
Animal Exploration with Jarod Miller
Peralie
3 2 1 Penguins!
Gofrette
Turbo Dogs
Mighty Machines
Jane and the Dragon
Rescue Heroes
Babar
My Friend Rabbit
Jacob Two-Two
Vita Minix
Marvin the Tap-Dancing Horse
The Zula Patrol
Miss BG
Pecola
Pippi Longstocking
Rupert Bear

Focusing on adult viewers, ION Life is dedicated to helping people live healthier, more active lives.  Featuring programs featuring:  home design, wellness, healthy and active living, adventure and community engagement, ION Life is is focused on celebrating life’s positive adventures.  Available via over-the-air coverage, cable, satellite, and telco.  The Network was going to be named iHealth prior to Ion Televisions name change.

Programs:

Absolute X
Alive + Well
Body Fuel
Drop In
Gadget Girlz
Killer Comebacks
My Green House
Planet X
Positive Living
Power Yoga
Smart Cookies
Style by Jury
The Right Fit

The mobile branch of ION Media Networks, Dyle Mobile TV allows viewers to watch broadcast television shows right on their mobile Android and IOS devices.  Partnering with major broadcasters ABC, NBC, CBS and Fox among others, the application also allows viewers access to live local and national news as well as sports and entertainment.  Although currently limited in coverage, future expansion is expected soon.  You can check availability in your area on their coverage map.

Recent News

June

ION Television debuts WWE Main Event.

August

ION Television acquires off-Network rights to Numb3rs

ION Television acquires Law & Order:  Criminal Intent

September

Flashpoint debuts Season 5

October

ION Media Networks announces agreement with DirecTV

Refrences

[1] ION Media Networks Homepage:  http://www.ionmedianetworks.com/
[2] Ion Television: http://iontelevision.com/
[3] Fox Broadcast Company: http://www.fox.com/
[4] CBS Broadcasting Inc.: http://www.cbs.com/
[5] Sinclair Broadcasting Group Inc: http://www.sbgi.net/
[6] Qubo: http://www.qubo.com/
[7] ION Life: http://www.ionlife.com/
[8] Dyle: http://www.dyle.tv/
[9] Wikipedia: http://en.wikipedia.org/wiki/Ion_Media_Networks
[10] Press releases: http://www.ionmedianetworks.com/press
[11] Answers.com: http://www.answers.com/topic/ion-media-networks-inc
[12] ABC: http://abc.go.com/
[13] The CW: http://www.cwtv.com/
[14] NBC Universal: http://www.nbcuni.com/
[15] Corus Entertainment: http://www.corusent.com/home/default.aspx
[16] Nelvana: http://www.nelvana.com/
[17] Scholastic Corporation: http://www.scholastic.com/home/
[18] DreamWorks: http://www.dreamworksanimation.com/

* All images are courtesy of ION Media Networks *